# A100 forward curve

> The Silicon Data A100 forward curve: the market’s expected path for the A100 rental index from spot out to three years, anchored on the neo-cloud index, shown for the latest seven days.

Updated 2026-09-06. Canonical: https://gpuquant.com/docs/market-data/a100-forward-curve

## What it measures

What the market expects the Silicon Data A100 rental index to be at every point from today out to three years: 145 points from tenor zero to tenor 36 in quarter-month steps, in US dollars per GPU-hour. Tenor zero matches that day’s neo-cloud A100 index. No contract settles on it; it is the expected earning path of a part that is already most of the way through its life, which is what the residual value is computed from.

## How it is built

By Silicon Data, who publish a curve every day: the expected value of the A100 rental index at each tenor from zero to 36 months in quarter-month steps. Two rates are published for each tenor, the term rate, which is the average expected rate out to that tenor, and the forward rate, which is the implied rate for that single period; they coincide at tenor zero and diverge after it, and the chart draws the forward rate.

A tenor is relative, so tenor six today and tenor six tomorrow are different calendar months. GPUQuant stores every point against the month it lands in as well as its tenor, which is what lets one future month be followed across the days the market revised its view of it. Where the curve comes from and how it anchors on the index is on [Silicon Data indices](https://gpuquant.com/docs/silicon-data#forward-curve).

## Publication

**Source**

Silicon Data

**Unit**

USD / GPU-hour

**Frequency**

Daily, a whole curve each day, with the index

## What GPUQuant shows

The newest **7 days**, and nothing older, under a written display licence from Silicon Data that covers display on this site and excludes redistribution and the accumulation of history. The figures are read from Silicon Data's public chart, which serves exactly that window, and the explorer opens the row on its seven-day view. The day picker on the chart compares any two days inside the window; a day outside it is answered exactly as a day never captured.

On [Market Data](https://gpuquant.com/market-data) as Forward curve · Silicon Data under A100.

## Reading it beside the others

-   [Silicon Data A100 index](https://gpuquant.com/docs/market-data/silicon-data-a100-index): Silicon Data's modelled figure, which counts negotiated and committed-use deals and sits below any list price.
-   [Ornn A100 index](https://gpuquant.com/docs/market-data/ornn-a100-index): Ornn's transacted figure, the prices A100 rentals actually cleared at.
-   [A100 residual value](https://gpuquant.com/docs/market-data/a100-residual-value): What one A100 is still worth, from that curve.

## Sources

-   [Silicon Data GPU Forward Curve](https://www.silicondata.com/products/gpu-forward-curve), the publisher's page.
-   [Silicon Data indices](https://gpuquant.com/docs/silicon-data#forward-curve), how the curve is read and how it anchors on the index.